Cloud software company Jamf files for IPO
Jamf Holding Corp. filed Tuesday for an initial public offering. The cloud software company, which helps organizations manage their Apple Inc. (AAPL) products, apps and resources, has not yet determined the number of shares to offer in the IPO, or the ticker symbol for its shares. Goldman Sachs, J.P. Morgan, BofA Securities and Barclays are the joint bookrunning managers. The company recorded a net loss of $8.3 million on revenue of $60.4 million for the three months ended March 31, after a loss of $9.0 million on revenue of $44.1 million in the same period a year ago. Jamf has filed to go public at a good time for IPOs, as the Renaissance IPO ETF (IPO) has run up 27.8% year to date, while the S&P 500 has lost 5.5%.
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
June 30, 2020 06:33 ET (10:33 GMT)
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